“Markets do very weird things because it reacts to how people behave, and sometimes people are a little screwy.” – Alan Greenspan
Pfäffikon SZ, Switzerland – Despite the increased volatility in the past week, our indicators improved again. The quality of the market has undoubtedly increased, which seems to be the prelude to new all-time highs in the S&P 500. The Fed has raised interest rates, and finally, the ECB wants to reduce its buy-out program. All this hardly affected investors.
The coming week seems to be a normal trading week without leading news facts.
This material is communicated on June 17, 2018 by 1324 | by Thirteen Asset Management AG, Rietbrunnen 20, 8808 Pfäffikon SZ, Switzerland. This material is for information purposes only and is not intended to be a solicitation or invitation to invest. Any organizations or products described in this material are mentioned for reference purposes only. This material is intended only for investment professionals and professional clients and must not be relied upon by any other person. It is proprietary information of 1324 | by Thirteen Asset Management AG and may not be reproduced or otherwise disseminated in whole or in part without prior consent from 1324 | by Thirteen Asset Management AG. Alternative investments can involve significant risks and the value of an investment may go down as well as up. There is no guarantee of trading performance and past or projected performance is not a reliable indicator of future performance. We recommend to consult your bank, investment and/of tax adviser.